The gambler’s fallacy is referring to probability and the wrong assumptions. It may lead to erroneous suppositions and bad trading decisions. You must always analyse the market very carefully and avoid any traps that are waiting for you on the chart or in your own mind. So what is the gambler’s fallacy? The gambler’s fallacy … Read more
Trading is a serious and risky business. When you begin your journey with trading, you must realize there is always risk involved. However, I have some good news for you. There are some tricks that can help you to manage losses and ensure more peace of mind. What are they? Read the article and you … Read more
A dream of every trader is to gain a fast and large profit. This is the main goal of trading. You choose a broker, get to know the platform and enter the market in order to win. But you must be prepared that a loss may also occur. It is not possible to win all … Read more
A very important task for you as a trader is to define your own trading goals. It will help you to stay on the right track during the journey. Having good goals set strengthens your consistency and discipline. The only catch is to choose correctly. The purpose of today’s article is to explain the importance … Read more
Trading seems attractive to many because people think this is a fast and easy way to get rich. Well, it is possible, but let’s not fool ourselves. Trading is hard work. You need to invest your time and practice a lot. The key is to be a better trader and you can achieve it by … Read more
Making stable profits is something every trader dream about. When trading is not going as you wish, it can be a little bit discouraging. But the good news is that getting a consistent profit on the Olymp Trade platform is something you can achieve. And today’s guide will talk about the way of doing it. … Read more
A demo account is a marvellous feature offered by many brokers. You get the possibility to try new methods, indicators and strategies. And all this without risking your own money. But, of course, you did not come to the trading platform just for fun. You want to earn money that you will be able to … Read more
Trading fixed time trades is a type of trading where you speculate on the price direction. If your predictions were right, you would get a fixed return. If they were wrong, you would lose the invested capital. Some brokers allow, under some restrictions, to close the transaction earlier so you do not lose the whole … Read more
The popularity of fixed time trades trading is growing constantly. The main reason behind it is its simplicity. Trading options is far less complicated than traditional ways of trading like for example forex. The other reason why so many people have joined fixed time trades markets is the opportunity of making big money in a … Read more
Paper trading is a method of self-study that will help you become successful in trading. It is very popular even in some big companies where the first task they propose to the newbies is to take a notepad and write all the important things down. You may wonder why do you need a notebook? What … Read more